AGP Executive Report
Last update: 9 hours agoBanking Goes Crypto: Standard Chartered has opened Bitcoin and Ether trading to eligible professional investors in the UAE, with custody and settlement through the bank. Germany also led Europe’s latest MiCA approvals, most going to banks, while Russia approved Sberbank to offer crypto exchange services. Market Watch: Bitcoin hovered near $83,000 amid heavy liquidations. Ethereum ETFs ended a 10-day outflow streak with $24.8 million in inflows, while Solana funds continued to lose money. Strategy chair Michael Saylor predicted Bitcoin would climb back above $100,000 as the company faces a possible MSCI index decision. Wallet Security: Ledger is reviewing sales controls after tampered hardware wallets sold through a reseller were linked to an estimated $90 million theft. The hidden implants reportedly stole users’ recovery phrases. Scam Crackdown: A joint operation by law enforcement and technology firms removed more than 3.7 million suspected scam accounts, pages and groups, and led to 28 arrests and the identification of 117 trafficking victims in Ghana. Coinbase said it helped identify over 65 active scam victims and prevent more than $415,000 in potential losses.
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